Can this skill generate visual reports?

The skill generates structured Markdown reports and JSON data which can be easily converted into charts or used for further data visualization.

Do I need a FRED or BLS API key to use this skill?

No, this skill is designed to use public CSV endpoints and public API versions that do not require an API key for standard queries.

Why is the difference between CPI and PCE important?

CPI uses a fixed basket of goods while PCE uses dynamic weights. Because the Fed prefers PCE, understanding why it diverges from CPI helps predict monetary policy shifts.

What does 'low-volatility, high-weight' mean in this context?

It refers to spending categories that comprise a large portion of the PCE index but have stable prices; if these prices start rising, they pose a significant risk to the overall inflation target.

US Inflation CPI-PCE Comparator

Name: US Inflation CPI-PCE Comparator
Author: fatfingererr

byfatfingererr

0•

Data Science & ML

Analyzes and compares US CPI and PCE inflation metrics to identify underlying price acceleration risks and weighting discrepancies.

This skill empowers users to bridge the gap between Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) data by identifying divergences in inflation signals. It specifically focuses on identifying 'low-volatility, high-weight' expenditure buckets to detect potential PCE re-acceleration that might be masked by cooling CPI figures. By automating data retrieval from FRED and BLS, it provides weighted contribution analysis and risk framing, making it an essential tool for macroeconomists, traders, and policy analysts tracking Federal Reserve inflation targets.

Key Features

01Identification of PCE upside risks in low-volatility, high-weight consumption categories.

02Standardized JSON and Markdown reporting for seamless research integration.

03Support for multiple measurement metrics including YoY, MoM SAAR, and QoQ SAAR.

04Detailed attribution analysis of weighted contributions to inflation divergence.

05Automated FRED and BLS data extraction without requiring private API keys.

060 GitHub stars

Use Cases

01Performing historical macro-analysis of inflation weight shifts and momentum since 2020.

02Monitoring Federal Reserve policy pivots by tracking PCE divergence from headline CPI.

03Identifying hidden inflationary pressures in specific sectors like healthcare and financial services.

What are Skills?·How to Install

Install with 🐟 Skill.Fish

npx skillfish add fatfingererr/macro-skills us-cpi-pce-comparator

For use in Claude.ai and ChatGPT

Download Skill